Hindustan Petroleum Corporation's Q2 FY 2026-27 Quarterly Results

Result Summary

• Hindustan Petroleum Corporation Ltd reported a 4.5% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Sep (Q2 FY 2026-27). On a year-on-year (YoY) basis, it witnessed a growth of 33.0%.
• Its expenses for the quarter were down by 19.4% QoQ and up 33.3% YoY.
• The net profit decreased 129.6% QoQ and decreased 6.1% YoY.
• The earnings per share (EPS) of Hindustan Petroleum Corporation Ltd stood at 17.04 during Q2 FY 2026-27.

Financial Statments for Q2 FY 2026-27

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Hindustan Petroleum Corporation Ltd (HPCL) is one of India's prominent public sector undertakings in the oil and gas industry. The company is primarily engaged in refining, marketing, and distribution of petroleum products. HPCL has an extensive network of refineries and a widespread distribution system that covers retail outlets, LPG distributors, and aviation fuel stations across the nation. The company plays a crucial role in the energy sector, contributing significantly to India's energy needs. Recently, HPCL has been focusing on expanding its renewable energy portfolio and enhancing its infrastructure to support sustainable energy initiatives.

Revenue

During the second quarter of the fiscal year 2027 (Q2FY27), Hindustan Petroleum Corporation Ltd reported a total income of ₹134,869.00 crores. This represents a decrease of 4.5% from the previous quarter (Q1FY27), where the total income was ₹141,203.15 crores. However, when compared to the same quarter in the previous year (Q2FY26), there is a notable increase of 33.0%, as the total income in Q2FY26 stood at ₹101,377.92 crores. This year-over-year growth reflects significant changes in the company's revenue generation, highlighting the company's ability to increase its income despite quarter-over-quarter fluctuations.

Profitability

In terms of profitability, HPCL experienced a significant turnaround in Q2FY27, reporting a profit before tax of ₹6,347.37 crores. This is a substantial improvement from a loss before tax of ₹18,199.49 crores recorded in Q1FY27. Year-over-year, the profit before tax increased by 28.5% from ₹4,938.12 crores in Q2FY26. The tax expense for Q2FY27 was ₹3,194.91 crores, contrasting with a negative tax expense in Q1FY27, which was due to losses. Consequently, the profit after tax for Q2FY27 was ₹3,625.22 crores, showcasing a recovery from the negative profit after tax of ₹12,264.67 crores in the preceding quarter. However, when compared to Q2FY26, the profit after tax showed a decrease of 6.1% from ₹3,859.30 crores.

Operating Metrics

The operating performance of HPCL in Q2FY27 shows significant changes in key metrics compared to both the previous quarter and the same quarter last year. The earnings per share (EPS) for Q2FY27 was ₹17.04, marking an improvement from a negative EPS of ₹57.64 in Q1FY27. This turnaround highlights the company's improved operational efficiency and profitability. However, when compared year-over-year, the EPS decreased by 6.1% from ₹18.14 in Q2FY26. Total expenses for Q2FY27 were ₹128,521.63 crores, showing a reduction of 19.4% from Q1FY27, where expenses were ₹159,402.64 crores. Year-over-year, total expenses increased by 33.3% from ₹96,439.80 crores in Q2FY26, indicating changes in cost structures or operational activities.